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Computer hackers
Hong KongHong Kong Economy

Hackers have their sights on Hong Kong, cyber security experts warn

Frank Tong Fuk-kay, chief executive of the government-funded Hong Kong Applied Science and Technology Research Institute, say Hong Kong at ‘serious risk’

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Frank Tong, chief executive officer of ASTRI. Photo: Edmond So
Denise Tsang

A Hong Kong cyber crime research centre has flagged the need to step up resources and efforts as, with an average of 7 million hacking attempts daily worldwide, Hong Kong, a global financial centre, is certainly a target.

Frank Tong Fuk-kay, chief executive of the government-funded Hong Kong Applied Science and Technology Research Institute (ASTRI), said Hong Kong and the rest of the world were at “serious risk”.

Last week, ASTRI warned that the Hong Kong Monetary Authority and People’s Bank of China were among a long list of central banks hacking group Anonymous identified as top targets in May.

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Tong said the research institute and the Hong Kong Monetary Authority would join forces to set standards to qualify cyber experts in Hong Kong in a bid to increase talents supply.

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“More resources are needed in ensuring cyber security if Hong Kong keeps up its position as the global financial centre,” he told the Post in an exclusive interview on Friday. “[Hong Kong] needs to train its own experts. Even some banks have a chief technology officer on director boards, which shows how important cyber security is.”

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